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wrong before on the pope. but the pope, mika, why don't you confirm. >> pope benedict is going to be stepping down as head of the catholic church. he apparently made this statement within the past few hours in latin. during a small canonization event saying he doesn't have the strength anymore. once again, pope benedict will be resigning as head of the catholic church. we'll have much more on this story as the details come in. we are told that this will be happening fairly rapidly. >> they're talking about february the 28th. that he'll be stepping down. and of course, it was pope benedict who stepped in and became pope after pope john paul ii, the iconic pope of the 20th century, stepped down. of course, pope john paul ii had been pope since 1979. and so, of course, his impact felt not only in the religious world but also the political world. pope benedict, though, never really, of course, given the chance to emerge from the shadows. and it seems that for a good bit of his time, he was dogged by allegations that came through the child abuse scandal throughout certainly before h
in for me on friday when i was snowed in. when pope benedict xvi announced today that he would resign as pope, that he would abdicate the papacy, the move was greeted, frankly, with shock. that is something that has not happened in 600 years is happening right now. but it was also clear immediately that even though nothing like this has happened in 600 years, or 598 years to be exact, the catholic church nevertheless had a plan ready to go. even though no pope has resigned his seat since the year 1415, and this resignation announcement today from pope benedict was totally unexpected, despite all of that, there is apparently an agreed upon protocol for what happens in an instance like this. once pope benedict leaves the vatican on february 28th, the church says he will go live for a while in castle gandolfo, which is the pope's summerout house in a small town outside of rome. he will live at that castle while construction work is done on a cloistered monastery inside the vatican complex. then when the construction is done, he will move back into the vatican. and living in that cloister
false would if italian publications claim pope benedict decided to resign the same day he received an explosive report on a gay lobby lurking in the vatican. cnn's senior international correspondent ben wedeman is in rome. >> they are blasting in uncharacteristically strong terms, fredricka, are these reports, reports that appeared in a daily newspaper, "la repubblica" and a week live magazine panorama which suggests that indeed this group of three cardinals who were assigned by pope benedict to look into wrongdoing in the vatican found or allegedly uncovered, according to these publications a network of gay priests within the vatican who were being blackmailed according to these reports by a network of male prostitutes in rome. now, the vatican is roundly denying that these reports taking place, accusing the italian media of trying to influence the conclave, that group of 116 cardinals who will be meeting in the next few weeks in rome or rather in the vatican city to elect the next pope. fredricka in. >> in general, are people taking this report seriously throughout rome, or is th
." this week marks pope benedict's last as head of the catholic church. benedict gave his final sunday blessing to a crowd of 100,000 faithful followers yesterday in st. peter's square, telling them he is not abandoning the church and that he will continue to serve god. meanwhile, cardinal keith o'brien, the head of the church in scotland, has announced that he is stepping down amid accusations of inappropriate and intimate behavior with current and former priests. the pope has reportedly accepted cardinal o'brien's resignation. >> god, mike, i tell you what. whoever the next pope is, they need to go on an all-out hunt. just no matter how ugly it gets. that actually could have been pope benedict's grand legacy over seven years. >> and it's not going to be. >> it's not going to be. >> no. they need to open the windows of the vatican. they need to let a cleansing ear come through, they need to clean out a lot of things. they need to be much more open about the vatican bank and the finances of the vatican and the conduct and behavior of priests and higher ranking members of the hierarchy. >> if th
. alisyn, tucker? >> thank you, clayton. when pope benedict made his shocking announcement this week that he would be stepping down. first time in almost 600 years that a pope retired from what is always a lifelong position. >> but there are plenty of professionals who also have lifelong careers so if you are one of them. how do you know if you should call it quits? here with the answers is fox business network's nicole petallides. >> or maybe good ideas. i don't know if i have the answers. this is a tricky topic. >> how do you know when it's a good time to retire? >> we have two ideas. the list of yes and when you should retire and when you really should step back. let's start with some ideas. you have a solid nest egg. it takes a lot of money to retire. so they are saying you should have about $363,000 saved up. but typically most people have about 120,000. it costs a lot of money to retire. if you are planning on spending more. you have to live within your means. low withdrawals. those would be some things. also no penalties at 59.5 to take out from your ira at 62. you start with
tell me if this is right or wrong, okay? take a look. ♪ >> pope benedict is stepping down, and the roman catholic church needs a new spiritual leader. could it be you? announcing mountain dew's pope n win contest. check specially marked mountain dew bottles. >> hey, mom, i won! >> plus other great prizes like a pool table and movie tickets. visit for complete rules. >> good morning, it's thursday, february 21st. welcome to "morning joe." >> it's a big day. >> it is a big day. a live look at times square. inside the studio here, we have msnbc contributor mike barnicle. >> yes? >> are you completely buttoned? okay. whatever. >> have you buttoned everything up? >> i think so. >> it didn't look like it for a second there. msnbc political analyst and visiting professor at nyu and former democratic congressman, harold ford jr. >> we love harold. >> and he's all buttoned up. >> it's the day. >> i know, i'm getting there. i'm getting there. it's the buildup. we also have with us democratic political strategist -- >> oh! >> -- james carville. >> look at this! >> wha
Search Results 0 to 15 of about 16 (some duplicates have been removed)